What Does XRP Really Do? Expert Explains What It Is Built For

Crypto analyst and XRP advocate Levi Rietveld recently shared a short post on X stating that “$XRP is built for this,” alongside a video clip of US Treasury Secretary Scott Bessent speaking about reviewing regulatory barriers around blockchain, stablecoins, and new payment systems like the crypto industry. Bessent’s comments focused on reforming financial infrastructure so capital markets can function more efficiently for mainstream users. In turn, Rietveld viewed those comments as closely matching the original purpose XRP was created to serve. Related Reading: Ethereum’s 2026 Overhaul Aims To Cut Costs, Boost Speed, Limit Censorship What XRP Was Designed To Do In the video clip that Levi Rietveld shared on X alongside his statement of XRP being built for this, Scott Bessent outlined a policy direction that places emphasis on evaluating regulatory impediments to blockchain technology, stablecoins, and new payment systems.  Bessent stated that officials will take a close look at regulat